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Security on the street with SearchFinancialSecurity.com: Risk management

29 Oct 2008 | SearchFinancialSecurity.com

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Societe Generale, Black Monday and bank failures are just a few of the reasons that the financial industry is in turmoil. Editor Sarah Hurley recently spoke with Chris McClean, an analyst at Forrester Research, to discuss the state of risk management within the financial industry and what companies can do to protect themselves from similar events.

In the 12 minute, abridged version of the podcast, you will learn:

  • About the recent events in the industry and what may have gone wrong
  • What the regulatory response may be
  • How risk management has been redefined over the short term
  • What the risk management trends for 2009 will be
  • What the roles of the risk group vs. information security are in risk management and how they work together

    In the 17 minute, extended version, you will learn all of the above, as well as more on the intersection of technology and risk management, including:

  • Risk assessments, including how they should be conducted, what business processes should be included and what to do with the results
  • Risk management policies, including who should create them, what should be included and what kind of training and education they should include.

    Note: The extended podcast continues with more of the conversation than the abridged version at the 11:48.00 mark.

    Security on the street with SearchFinancialSecurity.com is a monthly podcast series in which you can pick from two versions -- an extended edition and an abridged edition -- to fit the length of your commute to and from work.

    About the speaker:
    Chris McClean contributes to Forrester's offerings for the Security & Risk Management professional, leading the company's coverage of enterprise governance, risk, and compliance. He is also a thought leader on the related issues of corporate social responsibility and sustainability.

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